REGISTERED COMPANY NUMBER: 050429211En8land and Wales) REGisfERED CHARITY NUMBER: 1103437 THE UK FOUNDATION OFThE UNIVERSITY OF BRITISH COLUMBIA IA componylimited byguaraftteej REPORT OF THE TRUSTEES. AND UNAUDITED FIP4ANCIAL STATEMEfiTS FOR THE YEAR ENOED 31 MARCH 2021 Nnll &Ax01* OW1212021 COMPANIES HOUSE A19
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THE UK FOUNDATION OF THE UNIVERSITY OF 8RmsH COLVMBIA (REGISTERED COMPANY NUMBER 050429211 (A componyllmltedby quomnteej CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 20ZI Page Company infomiation Report of the Trustees 24 Independent Examinerfs Report Statement of Financial Activit$ Balance Sheet Notes to the Financial Statements 8-15
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA (REGISTERED COMPANY NUMBER 051)429211 (A compofty Ivnitedbyquoronteej REFERENCE AND ADMINISTRATION INFORMATION FOR THE YEAR ENDED 31 IIIARCH 2021 TIu5tees Joanna Cheffins Rev Dr Allan Doi8 Andrew Halper Michelle Lee Rebecca Malts Gerald Skinner Secretary Harprit Sekhon Independent E¥aminer M Koureas FCCA Hetherington and Co 289 Green Lanes. Palmers Green London N13 4XS Bankers HSBC Bank PIC The Square Beeston. Nottirygham NG9 2AN Solicitors Ellis- Fermor & Negus 2 Oevon5hire Avenue Beeston. Nottingham NG9 IBS PrI1PaI office and re8lstered office address 67 ManorAvenue Houn51ow. Middlesex TW4 7JN Registered charlty number 1103437 Re8iSteTed company number 05042921
THE UK FOUNDATION OF THE UNIVERSITY OF BRMSH COLUMBIA {REGISTERED COMPANY NUMBER 050429211 (A compaftyllmlted ty guoronteej TRLISTEES. REPORT YEAR ENDED 31 MARCH 2021 The Trustees are pleased to present their report and the unaudited financial statements for the year ended 31 March 2021. The reference and administrative infomiation set out on page i fomis part of this report. The Foundation has prepared its accounts to complywith it5 Memorandum and Artides of Association and in accordance with the'Accounting and Rep)rtin8 by Charrties,: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the RepublK of IreLind IFRS 1021 leffective I" January 20151, the Companies Att 20)6 and the Charities Act 2011. Siructure. y>vernarbce and management Governing Document The Foundation was incorporated on 12 February 2004 as a Charitabk Company limited by guarantee with no share capital and commenced its activities on 25 February 2(KA. The Foundation ts governed by its Memorandum and ArtleS ofAssotiatf•n. The member5 ofthe Foundation are the 8oard of Trustees. Trustees A Trustee is a member of the Board of Trustees of the Charity and a Director for the purposes of the Companies Act 2006. The Trustee5 who held office during the year andlor who have retired since together with their membership of the Foundation were as follows: Joanna Cheffins Rev Dr Allan Doig Andrew Halper Michelle Lee Rebecca Matts Gerald Skinner At the Annual General Meeting Michelle Lee and Gerald Skinner retire rotation and being elvdible. offer themselves for re-elLXtion. Trustee Appointment The power of appointing new Trustees 15 vested in the existin8 Trustees. Potential new Trustees are identified by professional 0Mmendation and a selected and apw)inted following a veiting protedure undertaken bythe Truslees.
THE UK FOUNDATION OF ThE UNIVERSITY OF BRITISH COLUMBIA {REGlSfEREDCOMPANY NUMBER 05042921) (A company limitedbyguorontee) TRUSTEES, REPORT YEAR ENDED 31 MARCH 2021 Organisotionol structure The Trustees must hold a meeting at ast once a year and every trustee has one w)te on each issue with the Chairman holding the casting vote. The Trustee5, rneeting at least once a year and more frequently when necessary, are the decisiCtn-makK*8 body. The Trustees do not fecerrfe any remuneration. Publi¢ Benefft The Charity Commission in its Charities and Public Benefit Guidance requires that there are two key principles to be met to show that an organisation's aims are for the public benefit. Firstly, there must be an identifiable benefit. Secondfy, the benefrt must be to the public or a section of the public The Trustees confirm that in Setting the chariWs objettives and in planning its activities. that have had due regard to the Charity Commission's guidance on public beneftt when reviewing the Charity's aims and objectives. The Trustees are satisfied that the Foundation has met the requirements of the public tenefit guidance. Objerti¥es and acti¥ities for the pubhc benefit Summury of the main octivkie5 of the Foundotion in relation to its objectives The objertfves of the Foundation a to advance and promote education and research and other charitable purposes connected with The University of British Columbia and its student5, Sltuated in Vancouver. and Okanagan in British Columbia, Cartada. The University of British Columbia is one of the PreMr unNeTsitEs in Canada and i% world renowned for its teaching and research. The principal aLlivities of the Foundation are to make provision for students and teaching actwitie$ at the University to encourage and proffte its rni5sion and status as an educatn?1 institution. In orderto achieve this objective the Foundati¢)n On£t other activities= Makes provision of pemianent and annual student avArds and ffinancial aid to stu(Jents from the United Kingdom and other countries to enable or assist them to attend the University- Makes provision of permanent and annual professorships and research chairs for the advanMent of learninB. Makes provision for acquisition, improvement, replacement or repair of the buildings orother fixed asseis of the UnNersity, er(her by new additions or otherwise.
THE UK FOUNDATION OF THE UNIVERSITY OF BRtTISH COLUMBIA (REGISTERED COMPANY NUMBER 050429211 (A componylinwted by guornnteej TRU5TEES' REPORT YEAR ENDED 31 MARCH 2021 hle¥ements and perfomiance of ihe charity for the public benefit In the 2021 financial year. the FOundatn enabled UK donors to engage with various UBC initiatives including= the Law 75th AnnNersary Buv5ary; camra-Hanl Scholarship in Engineering- and the 81 Meekison Memorial Scholarship in Public Health. The Foundation will continue to support UBC'S exi4tir¥ atxl emerging priorities. and in particular its strateC plan. Shaping UBCS Next Century which was Launched in the Spring of 2018, and the Blue and Gold Campaign lor Students. Flnanclal Rewiew The results for the year are set out on page 6. For the year under review the Foundation's principal source of income continued to derive from donations received, tA)th restricted and UnStrIcted. Unrestricted donations totalled £2.00012020- £2.IKIJI and restricted donations totalled £40,40712020.. £79,655). Expenses for the yeartotalled £38,68312020- £173,742), of which £36.484 related to grants paid to the University of British Columbia. Details of the grants paid can be found in note 6 on page 12. At the year end date. general reserves of the Foundation sttx)d at £1.398 and the restricted fund5 Stood at £5,344. Reserves Policv The Foundation's aims are to ensure that donated funds are delNered to the University of British Columbia to be utilised to support atademic and student initiatives. Consequently the Foundation retains a very small level of reseNes. suffioent to meet its 5tstutory obligations and day to day requirements. Events since the year end-Co¥id 19 Pandemic It is important to note how the global Coronavirus pandemic has or might affect the Foundation and its work in the futu. The Trustees have carefulty reviewed the future cash fk)ws and whiisi Tt 15 difficult to asses5 the full impact of the Covid-19 pandemic. they have nevertheless determined that at the time of approving these financial statements. the Foundation has sUfflent seNe$ to continue as a 80ing ¢on¢em forthe ensuing vear. Small Company prtyisions The above rewrt has been prepared in accordènce with the special provisnS of Part 15 of The Companies Act 2006 lating to small companies. Approved and authorised for issue bythe Board of Trustees on 26 November 2021 and signed on it5 behalf by.. Allan DoiE (Chairl
INOEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE UK FOUNDATION OFThE UNIVERSITY OF 8RmsH COLUMBIA (A company limitedby guoronteej I report on the financial statements of UK Foundation of the University of British Cofumbia for the year ended 31 March 2021. which are set out on pages 6 to 15. Responsibililies and basis of report As the charity's trustees of the Company land also its dirertors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 2W61'the 2(K16 Art.). Having satfIed mysell that the accounts of the Company are not qUIred to be audited under Part 16 of the 2LX)6 Art and are eligible for indeperKlent eXaminatn, I report in respert of my examination of your charity's accounts as carried out under settion 145 of the Charities Act 2011 {'the 2011 Art'l. In carrying Out my examination I have followed the Direction5 given by the Charity Cornrni5sion under sect*)n 145151 Ibl of the 2011 Act. Independent examlnerfs ststefflent I have completed my examination. I confirm that rbo matters have come to rny attention in connectlon with the examination gNing me cause to believe: l. accounting records were not kept in respert of the Company as required by section 386 of the 2006 Act: or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the accounting requirements of section 396 of the 2Q)6 Act other than any requirement that the accounts give a Irue and fair view which is not a matter considered as part of an independent exarnination: or 4. the accounts have not Eeen prepad in accordan wrfth the mettrmxls and principles of the Statement of Recommended Practice for accountin8 and reportin8 by charities. I have no concems and have come across no other matters in connection with the examination to which artention should be drawn in this report in order to enabk a proper understandire of the accounts to be reached. M Koureas FCCA Hetherington & Co Charteretl Certrfied Accountants Second Floor, 289 Green Lanes, Palmers Green. London N13 4XS Oated: 26 November 2021
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA {REGISTERED COMPANY NUMBER 050429211 fcompunylimited by guororteej STATEMENTOF HNANCIAL AcnvmES FOR THE YEAR ENDED 31 MARCH 2021 (Incorp(¥ating an Income and Expenditure Account) Note General Funds Restricted Funds Total 2021 Total 2020 INCOME AND ENDOWMENTS FROM: Donotions ond legaoes Investment incon 40,407 42,407 81,655 1,358 Totsl 40.407 42.407 83,013 EXPENDITURE ON: Choritoble octivities.- 2.199 36.484 38.683 173,742 Total 2.199 36,484 38,683 173.742 NET INcOMVIEXPENDURE} BEFORE GAINSIILOSSESI ON INVESTMENTS 11991 3,923 3.724 190,7291 Net gainslllosses) on Investments 1.016 NET MOVEMENT IN FUNDS 11991 3,923 3,724 189.7131 RECONauATION OF FUNDS Total fvnds brought forward 1.597 1.421 3,018 92,731 TOTAL FUNDS CARRIED FORWARD 1,398 5.344 6,742 3.018 The notes fomi part of these financial statements.
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA (REGISTERED COMPANY NUMBER 050429211 Icompony Ilmltedby guaranteej BALANCE SHE AS AT 31 MARCH 2021 Notes 2021 2020 FIXED ASSETS Investments CURRENT ASSErs Debtors Cash at bank and in hand 4.931 31,992 36,923 317 3.931 4.248 CREDITORS- amounts falling due within one year io 130,1811 11.2301 NET CURRENT ILWBiimES)IASSETS 6,742 3,018 NET ASSErs 6,742 3,018 Financed by: RESERVES General fvnds Restricted Funds 13 13&14 L398 5.344 1.597 1,421 6.742 3.018 The charitable company is entitled to exemption from audtt under Settion 477 of the Companies Act 21XJ6 for the year ended 31 March 2021. The Trustees have not required the charitable companyto obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Sertion 476 of the Companies Act 26 The Trustees acknowledge their responsibilities for. a l ensuring that the charf(able company keeps accounting records that comply with sectlons 386 and 387 of the Companies Att 2rJJ6 aNI. I b I preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for eath financial year in accordance with the requirements of Sections 394 and 395 and which otheise compty with the qUIrementS of the Companies Act 21JJ6 relating to financial statements. so far a4 applicable to the charitable company. These financial statements have been Prepa in accordance with the special provisions of Part 15 of the Companies Act 2[)5 relatin8 t0 5rnall companies. Approved on behalf of the Board of Trustees on 26th November 2021 Allan Doig (Chairl
ThE UK FOUNDATION OF THE UNIVERsfTY OF BRITISH COLUMBIA IREGisfERED COMPANY NUMBER 05042921) (Componylimitedby guaronteej NOTES TO THE FINANaAL STATEME14TS FOR THE YEAR ENDED 31 MARCH 2021 I. ACCOUNTING POUCIES The principal accountiri8 policies. all of which have been applied con5iStenily throughout the year, We as follows:. 1.1 Basi5 of account5ng The financial statements have been prepared in accordance with the Accounting and Reporting by CharIts.. Statement of Recommended Practice applKable to Charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectNe 1st January 20151 the Companies Act 2006. The Charities Act 2011 and applicable gUlatiOns. The financial statements have been prepared under the historical cost convention wfth items recognised at C05t or transaction value unless otherWe stated in the relevant notelsl to these accounts. 1.2 Golng concern The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast doubt on the ability of the Foundation to continue as a going concern. As explained in the Trustees Annual Report, the gk*bal pandemic and spad of COVID-19 has severely impacted many economies throughout the world. The Trustees have assessed the impact Covid-19 may have on the Foundation's forecast and projections and have made this assessment for a period of at least one year from the date of approving these financial statements. The Trustees have conduded that the Foundation has sufficient resources to continue in operational existence for the lo$ee8ble fLrture and consequentty it is appropriate to continue to adopt the going concern basis in preparbng its finanaal statements. 1.3 Fund x¢¢unlin8 General funds are unrestrtcted which are available for use at the discretion of the Trustees in the furtherance of the general objertives of the Foundation and which have not been designated for other purpose5. Restricted funds are funds subject to specific conditions imposed by the donor. 1.4 Income and Endowments Income 15 recognised when the Foundation has entitlement to the funds. any conditions attached to the itemlsl of income have been mei. it is probable that the incorne will be received and the arnount can be measured reliablv. Income from grants. whether'capital. or'revenue, grants. is recognised when the Foundation ha5 entitlement to the funds, any performance condrtions attached to the grarrts have been met. it is probable that ihe income will be received and the amount can be measured and is not deferred. Donated profesional services and donated facilities are recognised as income when the Foundation has control over the item, any conditions associated with the donated item have been met. the receipt of economic benefit frorn the use by the Foundation of the item is probable and that economic benefit can be measured reliably-
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA IREGlEREo COMPANY NUMBER O%)429211 (Compony limited by guoronteej NOTES TO THE FINANCIAi sfATEMENT5 FOR THE YEAR ENDED 31 MARCH 2021 ACCOUMnNG POUCIES- continued 1.4 Income and Endowments-continued Unrestricted funds are available to spend on activities that further any of the purposes of the Foundation. Designated funds are unrestricted funds of the FoUndaton which the Trustees have detided at their discretion to set ashle to use for a specific purpose. Restricted funds are donations which the donor has specified are to be 501ely used for particular areas of the Foundation's work or for specific projects beiry undertaken by the Foundation. Interest on funds held on deposit is included when receivable and amouni can be measured reliably by the charfly- this is normally tITtIOn of the interest patd or payable by the bank. 1.5 ExpendSture and Irrecoverable VAT Expenditure b5 recognised once there is a legal or constructive oblEation to rnake a payment to a third party. it is probable that settlement will be reqUId and the amount of the obli8ation tan be measured reliably. A liability in respect of scholarships and/ or grants is recognised in fvll when the events have created a Val expectation in other parties that the Foundation will discharge its obligations. Expenditure is classified under the following actNity headir%s'. Cost of raising funds are those costs incurred in attracting voluntary income. Expenditure on charitable activities indudes all dirert costs incurred relating to grants paid with associated 5UPPOrt costs. Costs relating to the administratw)n of grants andl or scholarship awards are accounted for on an accmals basis. Other expenditure represents those item5 not falling Into any other headire. Irrecoverable VAT is tharged as a cost against the activity for which the expenditure was incurred. 1.6 Allocatlon of support costs Support costs are those function5 that assist the work of the Foundation but do not d1CtlY undertake charitalle activities. Supwrt costs include office costs, finance. personnel, payroll and governance costs which support the Foundation's activities. These Costs have been allocated entirely to the the sole activity of the Foundation. being that of supportin8 Student learning including awards. research excellence and community engagernent. 1.7 Fixed Asset Investmerts Investments are a form of basic financial instrument and are inriially recognised at their transaction value and subsequently measured at their fair Value as at the balance sheet date using the closing stock market pre. The Statement of Financial Artivities indude the net gains and losses arising on the revaluation and dIssa throughout the year.
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA IREGisfERED COMPANY NUMBER 05042921) (Componylimltedbyguurontee) NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 1.8 Realised galns and losses All gains or losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments a cakulated as the difference between the sale proceeds and their opening carryin8 value or their purchase value if acquired subsewent to the firsl day of the financial year. Unrealised gains and losses are calculated as the difference between their fair value at the end of the year and their carrying value. Realised gains and losses are combined in the Statement of Financial Activities. 1.9 Cash at bank and in hand Cash at bank and cash in hand includes cash and short term hi8hty liquid investments wr¢h short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.10 Financial instruments The Foundation has elected to app the provisions of SectK)n 11 'BJsic Financial Instruments. and Section 12 '0ther Financial Instruments issues, of FRS 102 to all of Its financial instruments. Financial instruments are recognised in the Foundation's balance sheet when it becomes party to the contractual provtsions of the instrument. Financial assets and lialjilities are offset. with the net amounts wesented in the finanaal statements. when there is a legal enforceable ri8ht to set off the COgnised amounts and there is an intention to settle on a net basis or to realise the asset atNI settle the liability simultaneously. 1.11 B•sic financial assets Basic financial assets, which include debtors and cash and bank balan5, are initiallv measured at transaction price including transaction costs and a subsequently carried at amortised cost using the effectNe interest method Un55 the arrangement constitutes financing transaction. where the transaction is measured at the present value of the future ceipts discounted at a market rate of interest. Financial assets classified as receivable within one year are rK•t amortised. 1.12 Basic financial liabilities Basic financial liabilr(ies. including creditors and bank loans are initially reco8nised at transaction price unless the arrangement constitutes a financing transaction, where the ebt instrument 15 measured at the present value of the future payments discounted at market rate of interest. Financial 11a.11t1eS classified as payable within one year are not amortised. De instruments are subsequently carried at amortised cost. using the effertive interest rate method. io
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA (REGISTERED COMPANY NVMBER 05042921) (Componylimitedby guaranteej NOTES TO THE FINANCIAL STATEMEt¥rs FOR THE YEAR ENDED 31 MARCH 2021 1.12 Basi¢ financial liabilities-continued Trade creditors are ObligatThs to pay for goods or services that have been aCqUid in the ordinary course of operations from suppliers. Amounts payable are classrfied as current liabiirf¢ies if payment is due within one year or less. If not, they a presented as non-current liabilities. Trade (d[tOrS are recognised initialty at transaction price and subsequently measured at amortbsed cost Using the effective interest method. 2. COMPANY STATUS The Foundation is a charitable comparw limited guarantee and doe5 not have a share capital. In the event of the Foundation being wound up. the liability in respect of ihe guarantee is limited to £1 per member of the Foundation. 3. TAXATION As a Charitable Company, Ihe Foundation enjoys the benefrt of exemption from taxation on income and gains falling within section 466493 of Corporation Taxes Act 2010 and 256 of the Taxation of Chargeable Gains Act 1992. to the extent that these are applied for charitable purposes. 4. DONATIONS & LEGXIE5 General Funds 2021 RestrKted Fund5 2021 Total 2021 Total 2020 Donations 2,0)0 40,407 42,407 81,655 40.407 42.407 81,655 4.1 INVESTME1 INCOME General Funds 2021 Restricted Funds 2021 Total 2021 Total 2020 UK equrfties 1,358 1.358 li
ThE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA IREGIStERED COMPANY NUMBER 05042921) (Compony Ilmited by guon>fttee) NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 5. SUPPORT cosrs The Foundation initially identifies the costs of its support fvnctions. It then identifbes those costs which relate to the governance fLJnction. Having identified its governance costs, the maining support costs together with the g¢)vernance costs are allocated entirely to grants paid, being the Foundation'5 501e activity. An anafysis of supw¥rt CQStS is given below". Total 2021 Totsl 2020 Governance Office Independent examiners fee Office costs Brokers Fees L116 1.116 543 540 543 591 1,019 1,116 1,083 2,199 2,510 6. CHARITABLE AcmiiTIES General Restricted Fun Funds 2021 2021 Total 2021 Total 2020 Grants paid in yeor to the The University 018rittish Columbio Rosemary Stewart and loan James Scholarship Fund The Bec Tarbotton Memorial Scholarship Fund The Law 75th Anniversary UK Alumni Bursary Fund Campora-Hanni Scholarship FLJnd John & lill Innes Aboriginal Award in Forestry Support costs (note 51 1.358 1.358 166,232 125 125 6.250 28,751 6.250 28,751 5.000 2,199 2,199 2,510 2.199 36.484 38,683 173,742 Grants in the year represent the amount paid by the Foundation to scholats and the University of British Columbia 7 NET MOVEMENT IN FUNDS This is stated afterchargin8= 2021 2020 Independent examiner's remuneTrtion 1.116 9C
THE UK FOUNDATION OF THE UNIVERsrrY OF BRITISH COLUMBIA IREGISTERED COMPANY IIUMBER 05042921) fcompany limitedbyguoronteej NOTESTO THE FINANCIAL STATEMEP4TS FOR THE YEAR ENDED 31 MARCH 2021 7.1 REMUNERATION OF TRUSTEES ANO EMPLOYEES The Trustees were not entitled to and did not receive any remuneration during the current or prior year. The Trustees were not reimbursed for any of their expenses in the current or prior year. The Foundation did not eMpV any staff in the year under review or in the previous year. 8. FIXED ASSEf INVESTMENTS 2021 2020 Market value at l April 2020 Additions Proceeds Realised and unrealised gain on investments 79,593 180,6091 1.016 Market value as at 31 March 2021 9. DEBTORS 2021 2020 Prepaid expenses Tax recoverable Other Debtors 306 925 3.700 304 4.931 317 10. CREOITORS- AMOUNTS FAWNG DUE WITHIN ONE YEAR 2021 2020 Accruals 30,181 1,230 30,181 1.230 11. ANALYSIS OF NEf ASSEf5 BEfwEEN FUNDS General Funds 2021 Restricted Funds 2021 Total 2021 Current a55ets CdItorS 31.579 130.1811 1,398 36,923 130.1811 6,742 12. RECONCIUATION AND MOVEMENT OF GENERAL FUNDS At April 1, 2020 Net movement in funds 1,597 11991 L398 At March 31, 2021
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA (REGISTERED COMPANY NUMBER 050429211 fcompony limitedby guaruntee) NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 13. ANALYSIS OF INDIVIDUAL FUNDS tst April IrKoming Outgoing 31st March 2020 Resources Resour$ 2021 General Funds 1.597 2.0 2.199 1.398 Restricted Funds- Rosemary Stewart Scholarship Fund The Becky Tarbotton Memorial Scholarship Fund The Law 75th Anniversary UKAlurnni Bursary Fund Campora-Hanni Scholarship Fund Bill Meeki50n Mernorial Fund 1,358 1,358 62 125 10,875 28,751 719 6.250 28.751 4,625 719 3.018 42.407 38,683 6,742 14. RE5Tr1cfED FUNDS Rosemary5tewurt ond loan Jumes Scholarship Fund This fund contributes into an endowment established by Dr Rosemary Stewart11924-20151 and Profe550T loan James for undergraduate students enrolled in any degree programme. in any faculty. The scholatships ao awarded on the recommendations of the International Student Initiative. Preference is given to students who are citizens of the United KIorn. The 8ecky Tafbotton Memorialscholarship Fund This fund contributes to an endowment establtshed by the Tarly)tton fami]v and friends. in memory of Rebecca (Becky) Tarbotton. The scholarship is provided for a second-year 8raduate student enrolled in the School of Community and Regional Planning ISCARPI in the Faculty of Applied Science, who demonstrates exceptional leadership and commitment in the fields of environmental •nd social justice. The award is made on the recommendation of the School of Community and Regional Plannwbg in conSultatn with the Faculty of Graduate and Postdoctoral Studies. John & Jill Innes AboivginalAw*rd in Foresty This fund contributes to in endowment established byjohn Innes and family. The awards are for Aboriginal underaduate students in the Faculty of Forestry and may be renewable for up to an additional three years provided the recipient remains in good academic standing. These awards are made on the recornmendation of the Faculty of Forestry. Low 75th Anniversary UKAltsmni Butsory Fund Bursaries totalling $4,0(K) have been made available through an endowment established by alumni and friends of the Peter A. Allard School of Law. along with matching fvnds from the University of Bfitish Columbia. in celebration of the law sthool's 75th anniversary. for students enrolled in the J.D. program. The bursarie5 a adjudicated by Enrolment servi5. IFirst award available in the 202012021 winter session). 14
THE UK FOUNDATION OF THE UNIVERSITY OF BRITISH COLUMBIA IREGisfERED COMPANY NUMBER 05042921) (Componylimited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 14. RESTRICTED FUNDS- continued Compora-Hanni Scholarship ift Engineerlng Fund Scholarships totalling s2.( have been made available through an endowment established by Garry Hanni IB.Sc 19701 and Dr. Elisabetta Camfvira foroutstanding domestic students in the Bachelor of Applied Science program. The scholarships are made on the ¢0MMendatIon of the Faculty of Applied Science. (Flt award available for the 202112022 winter se5snI. Blll Meekison Memorial Fund Scholarships totalling S5.¢0 have been made alIable through an endowment established by friend5 and family in memory of Bill Meekison {1934-20191 for outstanding M.P.H. and Ph.D. students in the School of Population and Public Health who are SearChing public health. The scholarships are rnade on the recommendation of the School of Population and Public Health, in consultation with the Faculty ot Graduate and Postdoctoral Studies. IFirst award available for the 202112022 WFnter session). IS. RELATED PARTY TRANSAclloNS During the year the Charity paid £377 for Trustees indemnty insurance.